Ugro Capital Limited — PPTs, 20-04-2026: Investor Presentation

UGRO Capital posted strong FY26 performance with Total Income up 40% to INR 2,021.1 Cr and PAT rising 21% to INR 174.8 Cr. For Q4FY26, PAT grew 26% YoY to INR 51.1 Cr. The company's Assets Under Management (AUM) expanded 28% YoY to INR 15,334 Cr.

The company is actively executing its strategic realignment towards high-yield segments. Focused verticals, including Emerging Market LAP and Embedded Merchant Finance, now comprise 38% of AUM, showing robust QoQ growth of 12% (INR 3,581 Cr) and 27% (INR 2,280 Cr) respectively. Cost optimization is a key focus, with INR 200-220 Cr in annualized savings projected for FY27.

UGRO has completed its 317-branch build-out for Emerging Market loans, now prioritizing branch productivity. Embedded Merchant Lending is scaling rapidly via its MyShubhLife platform, achieving INR 2,280 Cr AUM with 250,000 customers. Asset quality remains stable, with Gross Non-Performing Assets (GNPA) at 2.5%.

Management states the strategic realignment is progressing as planned. Capital Adequacy Ratio improved to 21.2%, reinforcing the commitment of no new equity for three years. The company targets a 3.0-3.5% steady-state Return on Assets (ROA) by FY29, fueled by 20-25% CAGR growth in its focus verticals.